Category: Coca
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Coca Cola stock replaces Pepsi as Morgan Stanley’s Top Pick in beverages By Investing.com
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Morgan Stanley analysts have raised Coca-Cola to their top pick in the beverage sector, replacing PepsiCo. The investment bank also raised its price target. Coca-Cola Company (NYSE:) shares from $70 to $78, representing a gain of about 10% from recent levels. “We continue to favor Coca-Cola here in absolute terms…